Should I use a private lender or a hardmoney lender kind of stuck thank u in advance for your help.

So it's probably a good idea to wait a month or two until the Build Back Better legislation is passed before investing your SDIRA into a private deal.

I am curious if anyone has ever used a private lender.

He is the one bringing in the deal so I want to respect that.I have had 3 other friends offer to go in on deals with me whether that is flipping a house, building on raw land, or being a private investor to me with a low interest rate.

Even after using a contractor and obtaining private financing to get a traditional mortgage the property was appraised at a much higher value then our all in costs were after the rehab.it can be done even from a distance.

That's why it doesn't exists.You are much better collecting that $50k through your saving, a loan from the family and/or private money.

Loan Depot's rates are going to be a lot less than hard or private money. 

These loans are typically longer-term commercial loans with a banking institution.Are there any private lenders that do the same thing?

1) Private loan5% interest rate$1200 upfront feeOne year of grace period.Also, Could I get the same deal with a hard loan money?

@Chris Mason Well, I am buying a wholesale property with a private loan and then wanting to BRRRR it.